Agency for the Cooperation of Energy Regulators

With Bulgarian Minister for Energy Temenuzhka Petkova chairing the meeting, EU Member States today agreed on an updated role for ACER, the EU Agency for the Cooperation of Energy Regulators, so as to enable a better collaboration between national electricity and gas regulators.

Commenting on today's success, Ms Petkova said:

The Council today agreed its position (general approach) on a regulation to update the role of ACER, the EU Agency for the Cooperation of Energy Regulators. The agreement provides the Presidency with a mandate to start negotiations with the European Parliament.

The sixth World Forum on Energy Regulation will gather energy regulators from all around the world in Istanbul later this year, Alberto Pototschnig, director of the Agency for the Cooperation of Energy Regulators, said Jan. 28.

By Chryssa Liaggou

During the 2008-13 Greek recession, the country endured the steepest domestic electricity rate hikes seen anywhere in the European Union, amounting to a total of 60 percent over the six years.